Providing Accounting, Business and Wealth Management Advice for Physiotherapists
Paris Financial formerly Physio Accountant is Australia’s first accounting team specialising in providing accounting and financial solutions to the physiotherapy services industry.
With our extensive knowledge and understanding of the industry, we can provide leading edge financial help and client service for every stage of your physiotherapist career.
YES? ... You should speak with us here at Paris Financial about claiming this in your Income Tax Return. But, be aware that the ATO have strict rules about what and how car use can be claimed.
When we buy property or other assets we generally give little or no thought to the legal ownership of that asset. Often we are swept away “in the moment” and don’t consider the various options or legal implications that may arise in the future. No thinks to ask the question, have I purchased in the correct legal structure? Is there a better way?
I would expect that the majority of property owners and investors have heard something about the “six year main residence exemption for Capital Gains Tax purposes”. If not, here is a brief rundown: